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WHAT: Telephone press conference to demand an end to the growing threat to our democracy posed by voter suppression and unlimited corporate and special interest spending in elections. Momentum is growing nationwide, with more organizations, policymakers and citizens calling for change. On the call
Press release/statement
Adrift on a sea of red ink, more middle class Americans are feeling queasy about their retirement plans. And many of those struggling to save have very little time to right the ship.
In the media
Eleanor Laise
As unemployment rates continue to decline, not enough attention is being paid to the kinds of jobs that are being created. A new report from the Working Poor Families Project shows exactly why we need to consider job quality, not just job creation. Analyzing Census Bureau data, the report finds that
Blog
J. Mijin Cha
Older Americans rely on credit cards as their financial safety net and pay down less of their debt than younger consumers, a new study shows. Last year, the low- and middle-income 50-plus population had an average credit card balance of $8,278, compared with the younger generation's balance of $6
In the media
Christine Dugas
Middle-income Americans age 50 and older are carrying more credit card debt on average than younger people, according to Demos’ 2012 National Survey on Credit Card Debt of Low- and Middle-Income Households.1 That is a reversal of findings from a survey conducted by Demos in 2008.
Research
Amy Traub
Inside of New York’s Javits Convention Center this morning, Walmart US President and CEO Bill Simon took the stage before a crowd of industry leaders to talk about how retail can play a central role in revitalizing the American economy.
Blog
Catherine Ruetschlin
Tonight on NBC Nightly News, Chris Jansing reports on a new study that shows Americans age 50 and older are carrying an average of $8278 in credit card debt, thousands more than younger people. In addition, nearly 18 percent of those nearing retirement said they are using their retirement funds to
In the media
Chris Jansing
AARP announced a major policy and research initiative Tuesday drawing attention to the economic decline of the American middle class. In the run-up to what will surely be a bruising Congressional battle over Medicare, Medicaid, Social Security, and other federal benefit programs, the powerful
In the media
PHILIP MOELLER
This is not a good idea. The New York Times is shutting down its environment desk. The justification for closing the desk is that the environmental beat is no longer siloed.
Blog
J. Mijin Cha
The United States isn't the only country that has a problem with giant banks that take too many risks, are not transparent, and are effectively above democratic oversight. The U.K. has the same problem, and in fact, that country's economy is even more financialized than the U.S.'s -- with all the
Blog
David Callahan